Sunday tips round-up: BP, Chaucer, McBride
Between them, Royal Dutch Shell and its arch-rival BP have garnered some pretty negative headlines over the past few years.
The entire sector has been de-rated in recent months and valuations now stand at close to a 10-year low with both Shell and BP trading on price-earnings ratios that hover around nine times. Many believe that is too low. But for investors who want exposure to just one of the oil majors should look at BP's 5 per cent prospective yield, against Shell's 4.1 per cent, and at BP's greater upside potential. The Sunday Telegraph prefers BP. Buy.
Considering the sell-off of all things financial, it is no surprise that Chaucer's shares have taken a bath. But with a forecast yield of 5 per cent, and plans to keep lifting that dividend, the shares are worth holding on to, says the Sunday Telegraph.
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McBride said it was beginning to claw back some of the extra costs, but it looks like being too little too late. Sell, says the Sunday Telegraph.
As corporate names go, Bglobal is a little naff. It says nothing about the business line but certainly gives some idea about the company's ambitions. Fortunately, the company may just have what it takes to pull it off. Nonetheless, with the company due to move into profit next year, the shares look attractive and are a good bet for risktakers. Buy, says the Sunday Telegraph.
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